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MainStay MacKay High Yield Muncpl Bd A

MMHAX

▲

12.47

+0.02

+0.17%

5/23/2018

5 Years

Previous Close

12.45

Net Assets

1.06B

Yield

3.95%

Front load

4.50

Expenses

0.87%

Category

High-Yield Muni

Morningstar Risk

Above Average

Morningstar Rating★★★★

Profile

Name of Issuer

MainStay

Fund Style

Open

Fund Manager

John Loffredo

Investment Style

-

The investment seeks a high level of current income exempt from federal income taxes; the secondary investment objective is total return.
The fund invests at least 80% of its assets (net assets plus any borrowings for investment purposes) in municipal bonds. It may invest up to 10% of its net assets in municipal bonds that are the subject of bankruptcy proceedings, that are in default as to the payment of principal or interest, or that are rated in the lowest rating category by an independent rating agency or if unrated, judged to be of comparable quality by the subadvisor.